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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Basic and Diluted Earnings per share
The following table sets forth the calculation of EPS for the years ended December 31, 2015, 2014, and 2013:
 
 
Year Ended December 31,
 
 
2015
 
2014
 
2013
 
 
(In thousands, except per share
amounts)
Weighted average basic common shares outstanding
 
23,148

 
23,380

 
23,096

Dilutive effect of contingently convertible notes and warrants
 

 
1,499

 
2,213

Dilutive effect of employee stock purchases, net of assumed repurchase of treasury stock
 
4

 
6

 
5

Weighted average dilutive common shares outstanding
 
23,152

 
24,885

 
25,314

Basic:
 
 
 
 
 
 
Net income
 
$
93,999

 
$
93,004

 
$
113,992

Less: Earnings allocated to participating securities
 
3,595

 
3,643

 
4,963

Earnings available to basic common shares
 
$
90,404

 
$
89,361

 
$
109,029

Basic earnings per common share
 
$
3.91

 
$
3.82

 
$
4.72

Diluted:
 
 
 
 
 
 
Net income
 
$
93,999

 
$
93,004

 
$
113,992

Less: Earnings allocated to participating securities
 
3,595

 
3,468

 
4,599

Earnings available to diluted common shares
 
$
90,404

 
$
89,536

 
$
109,393

Diluted earnings per common share
 
$
3.90

 
$
3.60

 
$
4.32